How will blockchain impact the world?

June 10 @ 18:00 - 20:00

Ms. Golnaz Safa, is a Financial analyst, a graduate of the University of York, Financing, and approved by the ICO (Initial Coin Offering) on encrypted currencies. The experience of a decade and practical work in various finance departments and FINTECH is here to present valuable content to the audience.

Abstract:

Put simply, blockchain is a new way of storing information. You can think of it as a shared virtual ledger owned by users (callednodes) on the blockchain network. Any change to that ledger – if someone transfers money or updates a legal contract, for example – is cryptographically verified and then reflected across the entire network, visible to everyone.

Blockchain is the ultimate enemy of bureaucracy. With the use of smart contracts, pieces of code that automate manual processes, blockchain can remove middlemen from a lot of traditionally complex tasks, like buying a house or sending money abroad. The result is a cheaper, faster and more transparent technological framework for the most important industries in society.